Take-Two and Kraft Heinz rise while Snap plunges
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Take-Two Interactive Software Inc., up $11.26 to $117.65
The publisher of “NBA2K” and “Grand Theft Auto” video games raised its annual forecasts.
Snap Inc., down $2.21 to $12.91
The social media site posted disappointing revenue and user growth in its latest quarter.
Kraft Heinz Co., up $1.40 to $79.58
The stocks of high-dividend companies including household goods makers continued to rise as bond yields weakened.
DaVita Inc., down $4.62 to $54.34
The kidney dialysis provider disclosed a smaller-than-expected profit and forecast less operating income.
Time Warner Cable Inc., down $6.16 to $88.50
An AT&T executive said it’s not clear when the company’s purchase of Time Warner Cable might close.
Bank of America Inc., down 39 cents to $26.97
Banks continued to dip as interest rates receded from their recent highs.
CSRA Inc., down $2.17 to $29.56
The information technology services company’s quarterly profit fell short of analyst estimates.
Humana Inc., down $12.83 to $243.48
The health insurer said it is cutting 2,700 jobs, some of them through an early retirement program.